Howe & Rusling Inc. Grows Stock Position in Celsius Holdings Inc. $CELH

Howe & Rusling Inc. grew its holdings in shares of Celsius Holdings Inc. (NASDAQ:CELH) by 46.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 139,892 shares of the company’s stock after purchasing an additional 44,139 shares during the quarter. Howe & Rusling Inc.’s holdings in Celsius were worth $6,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CELH. IFM Investors Pty Ltd purchased a new stake in shares of Celsius during the 1st quarter valued at about $1,275,000. Royal Bank of Canada increased its position in shares of Celsius by 79.2% during the 1st quarter. Royal Bank of Canada now owns 257,666 shares of the company’s stock valued at $9,179,000 after purchasing an additional 113,840 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Celsius by 131.5% during the 1st quarter. NewEdge Advisors LLC now owns 23,166 shares of the company’s stock valued at $825,000 after purchasing an additional 13,159 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Celsius by 14.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 433,241 shares of the company’s stock valued at $15,432,000 after purchasing an additional 53,844 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in shares of Celsius by 244.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,119 shares of the company’s stock valued at $52,000 after purchasing an additional 794 shares during the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Insider Buying and Selling

In related news, CEO John Fieldly acquired 8,475 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was bought at an average cost of $29.36 per share, for a total transaction of $248,826.00. Following the purchase, the chief executive officer owned 937,540 shares in the company, valued at $27,526,174.40. The trade was a 0.91% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Hal Kravitz acquired 8,400 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were bought at an average price of $29.73 per share, with a total value of $249,732.00. Following the completion of the purchase, the director owned 227,158 shares in the company, valued at $6,753,407.34. This trade represents a 3.84% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 2.33% of the company’s stock.

Celsius Trading Up 4.4%

Shares of NASDAQ:CELH opened at $30.01 on Wednesday. The stock has a 50 day moving average of $31.70 and a 200 day moving average of $40.92. The company has a market cap of $7.67 billion, a PE ratio of 69.79, a price-to-earnings-growth ratio of 1.09 and a beta of 0.93. The company has a current ratio of 1.77, a quick ratio of 1.43 and a debt-to-equity ratio of 0.53. Celsius Holdings Inc. has a 12-month low of $27.47 and a 12-month high of $66.74.

Celsius (NASDAQ:CELH) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.12. The company had revenue of $782.62 million during the quarter, compared to the consensus estimate of $763.08 million. Celsius had a return on equity of 37.95% and a net margin of 5.85%.The firm’s revenue was up 137.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.18 EPS. As a group, equities research analysts expect that Celsius Holdings Inc. will post 1.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. BNP Paribas Exane reaffirmed an “outperform” rating and set a $57.00 price target (down from $70.00) on shares of Celsius in a research report on Tuesday, May 26th. Needham & Company LLC upped their price target on shares of Celsius from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Friday, February 27th. Bank of America raised shares of Celsius from an “underperform” rating to a “buy” rating and set a $65.00 price target for the company in a research report on Friday, February 27th. Roth Mkm reaffirmed a “buy” rating on shares of Celsius in a research report on Friday, May 8th. Finally, Rothschild & Co Redburn initiated coverage on shares of Celsius in a research report on Wednesday, May 6th. They set a “neutral” rating and a $47.00 price target for the company. Twenty-one research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $63.50.

About Celsius

Celsius Holdings, Inc is an American beverage company known for its line of fitness and energy drinks formulated to support active lifestyles. The company’s flagship product, the Celsius® brand, features beverages enhanced with ingredients such as green tea extract, guarana seed extract and essential vitamins, positioned as a functional alternative to traditional energy drinks. These products are designed to deliver a blend of ingredients that support metabolism and sustained energy without high sugar content or artificial preservatives.

In addition to its core carbonated drink portfolio, Celsius has expanded its offerings to include powder mixes and non-carbonated ready-to-drink variants, catering to consumer preferences around taste, convenience and nutritional needs.